Expert Golden Waves is an automated trading robot with exclusive and powerful algorithms. The EA is specially designed for the Gold market. Trades are based on the money flow participation signals that give momentum to the price movement.
All trades have Stop Loss and Take Profit. These values can be set in the Settings panel.
If you do not have experience using EA, you should use the Default Setting with initial capital from $ 100.
|Fixed Lot||= 0.0 (activated Auto Lot); Fixed Lot > 0 (your manual lot size)|
|Auto Lot||= 5 to 15 (= 10 mean auto lot size = 0.1 lots per $1,000 balance...)|
|Take Profit||= 125 (points)|
|Stop Loss||= 150 (points)|
Time frame: any time frame. Use VPS with low latency (<20ms).
Use EA with ECN or Raw spread accounts and allow hedging. Min Balance: $ 100
Download history before backtest (Press F2, find currency pair, then Download). Backtest with model: Every tick.
If Gold (XAUUSD) has 3 decimal places with the price. You need to change the Take Profit and Stop Loss values to 10 times the default value (ex: Take Profit = 1800, Stop Loss = 1500)